FTC Sues Omnicare To Block $441M PharMerica Merger

The Obama administration told the U.S. Supreme Court on Friday that the Patient Protection and Affordable Care Act could survive almost intact even if the central mandate requiring all individuals to have health insurance were deemed unconstitutional.

Chevron Corp. said Friday that it had fully complied with Brazilian laws after an oil spill off the coast of Rio de Janeiro, responding to reports that Chevron and its managers were facing criminal charges in addition to an $11 billion civil suit.

A German court on Friday tossed Samsung Electronics Co. Ltd.’s second patent claim against Apple Inc. over mobile telecommunications technology a week after the court rejected its claim over a related patent, according to a patent expert’s blog.

Federal agents have raided the Wall Street offices of corporate finance and private equity firm New York Global Group Inc., which specializes in Chinese reverse mergers on U.S. stock exchanges, and also searched the home of company President Benjamin Wey, the FBI said Friday.

A crew member from the Costa Concordia cruise ship hit Carnival Corp. with a putative class action in Illinois on Thursday, claiming the company didn’t evacuate the 4,200 passengers and crew quickly enough when the ship ran aground off the coast of Italy.